	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,744	£3,800	£3,857	£3,954	£4,052	£19,407
Total Expenses	£4,787	£4,843	£4,890	£4,941	£4,994	£24,455
Profit Before Tax	£-1,043	£-1,043	£-1,033	£-988	£-941	£-5,048
Profit After Tax	£-1,043	£-1,043	£-1,033	£-988	£-941	£-5,048
Change In Property Value	£2,625	£4,269	£4,913	£5,208	£4,601	£21,616
Net Return	£1,581	£3,226	£3,881	£4,221	£3,659	£16,568
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	7%	14%	17%	18%	16%	71%